Loans

The Bank of Cyprus (BOC) announced on Monday the sale of €916 million in non-performing loans to funds belonging to the Pacific Investment Management Company (PIMCO), […]

State-owned Bank of India (BoI) on Monday reported over three-fold rise in net profit to Rs 843.60 crore for the quarter ended June 30, as pressure of bad […]

The Australian Capital Territory (ACT) branch of the country’s Labor Party will offer zero-interest loans for rooftop solar panels, household battery storage and hot water heat […]

Metro Bank has agreed to pay an initial £2.5m to buy the peer-to-peer lender RateSetter to expand in unsecured lending and increase returns. The challenger bank […]

The International Monetary Fund (IMF) has approved a R70 billion (US$4.3 billion) loan for South Africa to help the country manage the immediate consequences of the […]

Credit tightening is becoming more evident according to the Mortgage Bankers Association (MBA). Its Mortgage Credit Availability Index fell to a reading of 125.0 in June, a loss of […]

Despite Central Government and RBI’s moratorium relief on loans in view of the economic stress inflicted by the lockdown, private banks and micro finance organisations are […]

Former Prime Minister and the United National Party (UNP) leader Ranil Wickremesinghe said that a UNP government will grant a one year grace period to pay […]

Punjab National Bank is confident that its balance sheet won’t be impacted due to the ongoing pandemic, except for some stress in limited sectors such as […]